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A store chain that sells televisions and furniture on the “never-never” to less well-off customers is poised to lead an autumn rush of flotations in London — heralding a £70 million payday for management.

BrightHouse, which sells goods on a “rent-to-own” basis, recently added some public company experience to its board with the appointment as chairman of Henry Staunton, who is also the chairman of WH Smith.

Vision Capital, the buyout group that has owned BrightHouse since 2007, told bondholders last week that it had appointed Rothschild to advise on its options, which includes a possible flotation.